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501(c)(6) Business Leagues
Introduction
Trade associations that meet the requirements of Internal Revenue Code section 501(c)(6) are exempt from federal income tax as business leagues. The same provision extends exemption to chambers of commerce, real estate boards, boards of trade, and professional football leagues. A business league is an association of persons having some common business interest, the purpose of which is to promote such common interest and not to engage in a regular business of a kind ordinarily carried on for profit. To be exempt as a business league, an organization's activities must be devoted to advancing the conditions of a particular trade or the interests of the community.
Click here to see the largest and some examples of smaller organizations.
The Numbers (United States)
- The number of organizations registered with the IRS increased by 2 percent from 69,734 in 1998 to 71,281 in 2008.
- The number of organizations reporting to the IRS increased 22 percent from 33,400 circa 1998 to 40,614 circa 2008.
- Total revenues for reporting organizations increased by 59 percent from $23.7 billion circa 1998 to $37.7 billion circa 2008.
- Total assets for reporting organizations increased by 66 percent from $36.5 billion circa 1998 to $60.6 billion circa 2008.
(Number of reporting organizations, revenues and assets are based on all organizations that filed Form 990 or 990EZ within 24 months of the release date of the 1998 and 2008 registration files. Financial data have not been adjusted for inflation.)
Statistical Tables
Registered Organizations
- Summary
- Trends
- By Type of Activity or Purpose (NTEE)
- By Organization Age (The IRS's "ruling date.")
Organizations That File Annually with the IRS
These organizations must have at least $25,000 in gross receipts.
- Summary
- Trends
- By Type of Activity or Purpose (NTEE)
- By Size of Organization (Total Expenses, Total Revenue, or Assets)
- By Organization Age (The IRS's "ruling date.")
Registered users can create their own custom tables to view organizations in multiple dimensions or explore other information that we have on these organizations. Click here to learn more.